The Mining Play

Medinah/Auryn - 2019 - 2nd Quarter General Discussion

They’re building something BIG here!

4 Likes

I sense the sarcasm. I think its important at the moment to separate Auryns big plans from the frustration we are all experiencing about the inevitable share conversion. Auryn has done their part to distribute the shares to Medinah.

In regards to the question, why Medinah still has not gotten our shares converted?, there must be a reason. There also must be a reason they haven’t shared that yet with us. I am just as frustrated as the next shareholder as to the time this has taken. I’m assuming its regulatory in nature or having something to do with the judgment against LP. Clearing this hurdle will be big for us.

2 Likes

First, they have give Les his cut, then they’ll get around to the rest of us. Sadly, I’m only half kidding.

Vark

1 Like

It’s completely regulatory. Also, it’s an allocation, not a distribution. Those two words have different legal meanings from what I’m told.

9 Likes

Also if they are doing things right, it is more than a distribution or allocation it will be dissolution of MDMN. In order for that to happen they need to clear the books of all assets that are non AUMC and also all liabilities and other outstanding items like the shares still owed to MDMN by Les Price. Then MDMN will disappear hopefully for good. I am hoping they will accomplish their goal by the end of Q3.

" Medinah owns 9,950,000 shares of American Sierra Golf Corp (AMNP) . ). Through a settlement with Leslie Price, Medinah will own an additional 1,700,000 of AMNP and 195,500 of AUMC which are expected to be converted to Medinah’s name in Q2 2019."

7 Likes

It looks as though google has put together a list of topics for sponsored searches based on posts appearing on the MP threads.

I own shares of AMNP. Do you know happens to the shares I own in Cert form?
thanks,
Peter

No I do not know what will happen with AMNP shares

I have $13,000 in Medinah and try to follow what is going on…or not. Without complete knowledge…if Les Price screwed us…why isn’t he in jail. Also…what roll does the SEC play in this debacle? We shareholders should legally be able to get straight answers and information about resolution of this situation…from the SEC or who?

1 Like

Why Les hasn’t been charged with major felonies is beyond me. He filed false financial statements. Stole shares and sold them. Blows my mind and infuriates me.

1 Like

Another good day to average down. I am still waiting for .0015 to purchase more shares. Maybe this week…